May. 06, 2022
SEC, I am writing to express my support for allowing spot markets for crypto to be allowed to trade in an ETF form. I am not just advocating for GBTC and ETH but all of Crytpo. Cryptographers are developing a vast world market and are delivering cutting edge technology and creating markets that help people all over the world. Permitting ETFs in the world’s leading crypto’s would allow for deeper pools of capital for development and will anchor the USA as one of the major markets for that development. America cannot miss this opportunity to capture the next phase of global finance. Allowing ETF’s in crypto is a threshold issue for weather the US will continue to be global leader in finance or an also-ran. The SEC needs to support the development of this world changing architecture. Sincerely, Blackwood Real Estate, Inc. David K. Blackwood, President